VET - Symmetrical triangle - Major move incomingThe price of VET is about to reach the end of a symmetrical triangle, which makes me think we'll see a major move to 0.682 with an optimistic view, or fall to 0.057 with a pessimistic view within a couple of months.
However, I don't think we'll see a big move unless BTC trades sideways or upwards.
Vechain
Vecahin forming a bearish flag!Here is my TA for Vechain , from my perspective there are two good trade opportunities. One being long to hit 0.20 and finish creating it's bearish flag formation and then a short at 0.20 falling to a strong recent support level being at around 0.5800.
I recently bought in at 0.11000 and I'm hoping to exit my trade and start a short at 0.20.
I would really appreciate any feed back and opinions. Many thanks.
VET ContinuationVET/USD
Bullish Case
- Seem to have found Support at approx. the $0.118 area which is previous resistance, now turned support. and range for a while.
- Bouncing between $0.118-0.157, once we break $0.157, we should be heading towards $0.2211
- Bounce from Daily 200MA
- MACD/Signal and Histogram Reversing
- MACD Bullish Divergence between 28 Sep to 23rd Nov
- RSI low
- VPVR shows a lot of support in the $0.113 area.
- 1-1 Micro Fib extension shows Resistance at $0.22 Macro 0.618 Fib extension.
Bearish Case
- Strong Support at $0.092 level shown by the Volume Profile
- Still further touching the bottom of the Bollinger Band, can also go lower stretching the band.
(VET) VeChain ON THE ROAD TO 1$ 🧑🚀 🚀Hello everyone !
Today the Black Cat Trader is analyzing Vechain (VET) based on a weekly chart 📈
What we can see :
- VET is actually very closed to its uptrend line (green).
- Prices broke the downtrend line (red) and test it now as a support.
- 0.618 fib level act as a strong support right now.
- Prices are under the Kijun/Tenkan and under the Kumo. Note that the Lagging span is actually trying to crosses prices.
What we can expect :
If VET manages to hold its support (0.618 / both trend lines) we can expect prices to reach upper levels in the coming weeks.
But we need, first, those confirmations :
- Prices must break the Kijun / Tenkan / Kumo, and the Lagging span must crosses prices and ALSO the downtrend line ⚠️
Resistance : Tenkan / Kijun / Kumo
Supports : (0.618 + both trend lines)
TP1 : 0,49 $
TP2 : 0,76 $
TP3 : 1,03 $
TP4 : 1,30 $
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MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
hidden crab?crab harmonic pattern:
X=$2
AB=0.38 XA
BC=0.38 AB
1.6 BC=$0.0429
2 BC=$0.0628 *third support*
2.24 BC=$0.0797 *second support*
2.6 BC=$0.115 *first support*
0.61 XA=$0.128
3.6 BC=$0.313 *first resistance*
0.78 XA=$0.437 *second resistance*
0.88 XA=$0.9 *third resistance*
1.13 XA=$5.32
6.85 BC=$7.76
1.27 XA=$14.93
1.41 XA=$40
1.6 XA=$184 *moooooooooooooooooooooooooon*
VET price prediction 1: bouncing back from Fibonacci 0.382 price is heading towards 0.15 $, where the dashed line will stop the move, around 0.155 $
2: a big correction, Fibonacci 0.5 won't stop the price because of Christmas, I can see it stopping at 0.13 $
3: high volume, price reaches Fibonacci 0.618 ( 0.172 $ ) in a few days
4: small correction to the dashed trend line, around 0.16 $
5: price breaking through an important key level, 0.19 $, maybe touching 0.20 $
6: small correction to 0.19 $
7: again. in a few high volume days price reaches 0.22 $, what is not just an important level, but the Fibonacci 0.786 level is also around here ( 0.2188 $ )
Price will hit 0.22 $ around 12 Jan 2022. From the previous low, 0.1043 $, price will rise around 11.57 cents, in around 45 days.
This analysis is based on my own ideas and on a few simple mathematical calculations.
VET - 2021 Top PredictionTop of the Mornin' !
Vet doesn't have a long past - therefore we need to rely on the most crutial trend lines that supported the price so far + fibonacci levels based on trend.
To me, it looks like VET likes double resistance trends just like ETH. But in this case - the price is below the lower resistance. This leads me to think that we may not experience such a high pump as with other ALT's. For this reason I set 2 possible Top levels for this year.
My top prediction for 2021 are $0,24 (Bearish scenariou, retest of last top) and $0,9 (Bullish scenario, pump to second resistance).
Cheers!
$VET is ready to take of BINANCEUS:VETUSD
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets
➡️test 0.10550
➡️If VET Breakout triangle since MAY it can going to 0.618 lvl
➡️Retest above triangle on 0.5 lvl FIB and continue move up
➡️Targets first take 0.42$ Second target 0.65$
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Binance: Vet Buy / long H1Binance: Vet Buy / long H1
Entry: 0.115 - 0.117
SL: 0.11
TP: 0.13
VeChain Thor (VET) is blockchain with the posited goal of "solving real world economic problems".
VeChain leverages the Proof of Authority (PoA) consensus mechanism. PoA is a Byzantine Fault Tolerant probabilistic consensus mechanism, based on HotStuff, which relies on Authority Masternodes (AM) associated with verified identities.
The core protocol of the Vechain Thor blockchain has four meta transaction features: Controllable Transaction Lifecycle, Multi-Party Payment (MPP), Multi-Task Transaction (MTT), and Transaction Dependency.
VeChain has two kinds of tokens, VeChain Token (VET) and VeThor Token (VTHO). While VET has a fixed supply of ~86.7bn token, VTHO is issued as a block reward for VET staking AMs. VTHO is required for smart contract and transaction executions. Consensus is achieved on a threefold-level: (1) technical level, (2) business level, and (3) governance level.
The issuance of VTHO is adjusted via the on-chain governance model to stabilize the fiat-denominated transaction costs. This clear governance model differentiates between three kinds of voters with various operational permissions.
VET/USDT Wait is over !!!!Vechain broke out of the downtrend a month ago and made a minor correction since the beginning of this month. Currently, it retested the trendline and found support at 200 EMA. Also, we can see the Green Buy signal on VMC Cipher B indicator. This is a great confluence to enter or accumulate more.
This is not financial advice please DYOR. If VET doesn't hold current support next support is around $0.0854
VeChain analysis 4 hour chart BINANCE:VETUSDT
Hello everyone, Today I took a look at VeChain and it is looking neutral at this moment we started retracing back to the lower support zone and broke out uptrend line. At this moment VeChain is starting to rebound back to the upside. we could retest the uptrend support as resistance and maybe continue the overall uptrend. or break down once more and go to our lower support zone and rebound from there back to the upside